Modi's first day, fist show: SIT set up to unearth black money

New Delhi: The first meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi here on Tuesday, constituted a special investigative team (SIT) headed by former Supreme Court judge M.B. Shah to unearth black money, including in the case of Hasan Ali.

The move of the government is to comply with the Supreme Court directive. The Justice Shah-led SIT will have the revenue secretary, CBI, IB, RAW and IB directors, Enforcement Directorate officials, CBDT chairman and RBI deputy governor as members.

Former SC judge Arijit Pasayat will be vice-chairman of the panel. The SC, which appointed the two judges, had last week granted the government one week to set up the SIT.